Opportunities lurk in financial gloom

News.gov.hk:The Asian Financial Forum was launched in 2007, partly to celebrate the 10th anniversary of Hong Kong's reunification with the Mainland of China, and partly to address the challenges of a rapidly changing economic environment in Asia.

At that time the sub-prime lending problem in the US was beginning to take hold, but no one could have predicted how deeply rooted the problem was or how quickly things would unravel in what some people like to describe as a "flat" world.

This year the forum has an added significance given the full-blown global financial turmoil that is affecting economies around the world, including Hong Kong.

This forum is a great chance to share expertise and reaffirm our collective commitment to economic growth and prosperity in Asia and beyond.

The overriding message from recent summits including the G20 Summit in Washington and the APEC Economic Leaders Meeting in Peru last November was a call for unity. More significantly, a call for a unified approach and greater international co-operation in bringing our economies back on an even keel.

I encourage you to use this forum as a stepping stone to achieving this goal....CONTINUE READING